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latest in Kraft Foods

The Brazilian private investment fund 3G that already owns Budweiser, Burger King and Heinz since 2013, will acquire Kraft Foods in a deal managed and backed by the American billionaire Waren Buffet's holding company Berkshire Hathaway Inc.

"This partnership will allow us to leverage each company's best-in-class capabilities, putting us in a prime position to drive further category growth," commented Nina Barton, vice president of Coffee for Kraft Foods, McDonald's coffee supplier.